I'm happy to be corrected, but IIRC the value of any asset is the present discounted value of future revenues. These valuations seem ... much higher. You could

I'm happy to be corrected, but IIRC the value of any asset is the present discounted value of future revenues. These valuations seem ... much higher. You could argue that future growth justifies higher valuation, but that's hard to swallow when revenues are in 3 and 4 digits. Also, the idea of selling a business that is pre-revenue is kind of laughable. That'll never be anything but people trying to get a few grand for abandoned side projects